Data Center Security Market Competitve Landscape 2024-2033 – Major Players and Strategies

Overview and Scope
Data center security refers to the digital and physical support infrastructure and mechanisms that protect data center operations, applications and data against malicious attacks. Data center security aims to safeguard it from risks to the privacy, safety, or accessibility of commercial information resources or related intellectual property.

Sizing and Forecast
The data center security market size has grown rapidly in recent years. It will grow from $11.66 billion in 2023 to $13.57 billion in 2024 at a compound annual growth rate (CAGR) of 16.4%.  The  growth in the historic period can be attributed to rising cybersecurity threats, demand for data privacy and compliance, increase in data generation, cloud computing growth.

The data center security market size is expected to see rapid growth in the next few years. It will grow to $23.64 billion in 2028 at a compound annual growth rate (CAGR) of 14.9%.  The growth in the forecast period can be attributed to increase in ransomware and extortion attacks, iot and edge computing security, adoption of zero trust security, increase in security automation. Major trends in the forecast period include technological advancements, artificial intelligence (AI) and machine learning (ML), advancements in multi-layered security, increased use of micro-segmentation.

To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/data-center-security-global-market-report

Segmentation & Regional Insights
The data center security market covered in this report is segmented –

1) By Component: Solutions; Services
2) By Data Center Type: Mid-Sized Data Centers; Enterprise Data Centers; Large Data Center
3) By Application: Physical Security Solutions; Logical Security Solutions
4) By Vertical: Banking, Financial Services and Insurance (BFSI); IT And Telecom; Government and Defense; Healthcare; Media And Entertainment; Other Verticals

North America was the largest region in the data center security market in 2023. The regions covered in data center security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12978&type=smp

Major Driver Impacting Market Growth
Increased incidence of cyberattacks and data thefts is expected to propel the growth of the data center security market in the coming future. A cyber-attack is any effort to gain accessibility to a personal computer, computing system, or computer network without authorization to cause harm. Data theft, often known as information theft, is the unauthorized transmission or storage of personal, private, or financial information. This could involve login credentials, program code or algorithms and exclusive procedures or tools. The increased incidence of cyberattacks and data thefts is expanding the data center security market. It involves the processes and planning to keep data centers safe from threats, assaults and illegal access. For instance, according to the cybersecurity threatscape report by Positive Technologies, a Russia-based cybersecurity company, the number of cyberattacks increased by 17% in Q1 of 2021 compared to Q1 2020 and it increased by 1.2% compared to Q4 2020. Moreover, in June 2022, according to Forbes, a US-based business magazine, the average frequency of data breaches and cyberattacks rose by 15.1% in 2021 compared to the previous year. Therefore, the increased incidence of cyberattacks and data thefts drives the data center security market.

Key Industry Players
Major players in the data center security market are  Google LLC, Dell Inc., Huawei Technologies Co. Ltd., Amazon Web Services Inc., Siemens AG, International Business Machines Corp, Cisco Systems Inc., Schneider Electric SE, Honeywell International Inc., Broadcom Inc., Hewlett Packard Enterprise Development LP, Tyco International PLC, VMware Inc., Equinix Inc., NetApp Inc., Palo Alto Networks Inc., Juniper Networks Inc., Fortinet Inc., Citrix Systems Inc., McAfee Corp., Checkpoint Software Technologies Ltd., Trend Micro Inc., Nutanix Inc., CyrusOne LLC, Coresite LLC, QTS Realty Trust Inc., Carbonite Inc., Acronis International GmbH, Nextlabs Inc., Veritas Technologies LLC. .

The data center security market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
.
.
.
27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

Explore the trending research reports from TBRC:
Data Center Cooling Global Market Report 2024
Green Data Center Global Market Report 2024
Data Center Colocation Global Market Report 2024

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model